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May 22, 2010

Bajaj Hindusthan Sugar and Industries Ltd 507500

 

 

Name of Company

Bajaj Hindusthan Sugar and Industries Ltd

BSE Code

507500

NSE Code

 

ICICI Code

Established

My Take

Dislike

Headquarters

Mumbai

Promoters

Bajaj group, 75% owned by Bajaj Hindusthan

Story

10 sugar manufacturing facilities in UP. Annual revenues of 415 Cr in FY09.

Sector

Sugar

Sub-sector

Manufacturing sugar

Website

http://www.bajajhindusthansugar.com/

Positives

<200 Cr market cap at Rs. 16. Dec 09 Qtr profit was just 1.29 Cr. 300 Cr reserves. Revenues have grown from 48 Cr in FY05 to 415 Cr in FY09.

Negatives

Consistently making losses every FY (as far from as FY05).  Cannot expect any dividend.

Peers

 

News

 

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